For Borrowers
Apply once, get multiple offers from licensed lenders, compare rates transparently, and receive funds directly to your wallet. No hidden fees, no surprises.
Your Journey
Choose your loan amount (UGX), preferred duration (3–24 months), and loan type — Personal, Business, Real Estate, or Education. See estimated monthly repayments instantly.
Provide your National ID, payslip or bank statement, and proof of residence. Optional business registration improves your offers. PDF, JPG, PNG accepted — max 5MB each.
Add 2 guarantors with their phone numbers. They'll receive an SMS invite to confirm. Both guarantors must accept before lenders can review your application.
Browse available licensed lenders, compare their rates and maximum loan amounts. Select up to 5 lenders to receive your application. Review everything, then submit.
Lenders review and respond within 48 hours. Compare offers side-by-side — monthly payment, interest rate, total repayment. Accept the best one. Funds hit your wallet within 24 hours.
Have these ready before you start your application.
Valid Ugandan National ID card for identity verification.
Recent payslip or 3-month bank statement showing income.
Utility bill, LC letter, or tenancy agreement.
Active Ugandan number (+256) for OTP and notifications.
Two people willing to vouch for your application via SMS.
For account creation and receiving offer notifications.
Why Welend
See exact rates, fees, and repayment schedules before you commit. No hidden charges, ever.
Apply once, get offers from up to 5 lenders. Pick the best rate, duration, and terms for your situation.
Lenders typically respond within 48 hours. Once accepted, funds are in your wallet within 24 hours.
Welend is licensed by the Bank of Uganda. Your data is encrypted, your funds are protected.
Pay via Welend Wallet, MTN MoMo, or Airtel Money. Track your repayment schedule in real-time.
Monitor your application status from submission to offer to disbursement — every step is visible.
48h
Avg. Time to First Offer
3–5
Offers Per Application
12.8%
Avg. Rate Secured
15,000+
Successful Borrowers
Loan amounts vary by lender. Typical range is UGX 500,000 to UGX 50,000,000 depending on your profile, income, and credit history.
Rates are set by individual lenders, typically ranging from 2% to 5% per month. You'll see exact rates before accepting any offer.
Welend builds your credit score based on your repayment history on the platform. First-time borrowers can still apply — guarantors and documentation strengthen your application.
Contact us before your due date. We work with lenders to find solutions. Late payments affect your credit score and your guarantors may be contacted.
Absolutely. Welend uses bank-grade encryption, is licensed by the Bank of Uganda, and never shares your data without consent.
Create your account, submit your application, and start comparing offers from licensed lenders today.